Results for 'economics'

459 found
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  1. Pure Time Preference in Intertemporal Welfare Economics.J. Paul Kelleher - 2017 - Economics and Philosophy 33 (3):441-473.
    Several areas of welfare economics seek to evaluate states of affairs as a function of interpersonally comparable individual utilities. The aim is to map each state of affairs onto a vector of individual utilities, and then to produce an ordering of these vectors that can be represented by a mathematical function assigning a real number to each. When this approach is used in intertemporal contexts, a central theoretical question concerns the evaluative weight to be applied to utility coming at (...)
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  2. Progress in Economics: Lessons From the Spectrum Auctions.Anna Alexandrova & Robert Northcott - 2009 - In Harold Kincaid & Don Ross (eds.), The Oxford Handbook of Philosophy of Economics. Oxford University Press. pp. 306--337.
    The 1994 US spectrum auction is now a paradigmatic case of the successful use of microeconomic theory for policy-making. We use a detailed analysis of it to review standard accounts in philosophy of science of how idealized models are connected to messy reality. We show that in order to understand what made the design of the spectrum auction successful, a new such account is required, and we present it here. Of especial interest is the light this sheds on the issue (...)
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  3. Mark Blaug on the Normativity of Welfare Economics.D. Wade Hands - 2013 - Erasmus Journal for Philosophy and Economics 6 (3):1-25.
    Abstract: This paper examines Mark Blaug's position on the normative character of Paretian welfare economics: in general, and specifically with respect to his debate with Pieter Hennipman over this question during the 1990s. The paper also clarifies some of the confusions that emerged within the context of this debate, and closes by providing some additional arguments supporting Blaug's position that he himself did not provide.
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  4. The Philosophy of Austrian Economics[REVIEW]Barry Smith - 1994 - The Review of Austrian Economics 7 (2):127-132.
    Review of The Philosophical Origins of Austrian Economics, by David Gordon. Auburn, Alabama: Ludwig von Mises Institute, 1993.
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  5. Realism, Commonsensibles, and Economics:The Case of Contemporary Revealed Preference Theory.D. Wade Hands - 2012 - In Aki Lehtinen, Jaakko Kuorikoski & Petri Ylikoski (eds.), Economics for Real: Uskali Mäki and the Place of Truth in Economics. Routledge. pp. 156-178.
    This paper challenges Mäki's argument about commonsensibles by offering a case study from contemporary microeconomics – contemporary revealed preference theory (hereafter CRPT) – where terms like "preference," "utility," and to some extent "choice," are radical departures from the common sense meanings of these terms. Although the argument challenges the claim that economics is inhabited solely by commonsensibles, it is not inconsistent with such folk notions being common in economic theory.
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  6. A Concept of Progress for Normative Economics.Philippe Mongin - 2006 - Economics and Philosophy 22 (1):19-54.
    The paper discusses the sense in which the changes undergone by normative economics in the twentieth century can be said to be progressive. A simple criterion is proposed to decide whether a sequence of normative theories is progressive. This criterion is put to use on the historical transition from the new welfare economics to social choice theory. The paper reconstructs this classic case, and eventually concludes that the latter theory was progressive compared with the former. It also briefly (...)
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  7.  49
    Milton Friedman: Economics in Theory and Practice, by Abraham Hirsch and Neil de Marchi, University of Michigan Press, 1990, VIII+325 Pages. [REVIEW]Philippe Mongin - 1992 - Economics and Philosophy 8 (1):183-191.
    A review of A. Hisch and N. de Marchi's thorough historical study on Milton Friedman's life-long work as an economist (and more specifically as a monetary economist) and as an economic methodologist (in his famous essay "The Methodology of Positive Economics".
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  8. The Current State of Medical School Education in Bioethics, Health Law, and Health Economics.Govind C. Persad, Linden Elder, Laura Sedig, Leonardo Flores & Ezekiel J. Emanuel - 2008 - Journal of Law, Medicine and Ethics 36 (1):89-94.
    Current challenges in medical practice, research, and administration demand physicians who are familiar with bioethics, health law, and health economics. Curriculum directors at American Association of Medical Colleges-affiliated medical schools were sent confidential surveys requesting the number of required hours of the above subjects and the years in which they were taught, as well as instructor names. The number of relevant publications since 1990 for each named instructor was assessed by a PubMed search.In sum, teaching in all three subjects (...)
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  9. Preferences and Positivist Methodology in Economics.Christopher Clarke - 2016 - Philosophy of Science 83 (2):192-212.
    I distinguish several doctrines that economic methodologists have found attractive, all of which have a positivist flavour. One of these is the doctrine that preference assignments in economics are just shorthand descriptions of agents' choice behaviour. Although most of these doctrines are problematic, the latter doctrine about preference assignments is a respectable one, I argue. It doesn't entail any of the problematic doctrines, and indeed it is warranted independently of them.
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  10.  35
    Prediction Versus Accommodation in Economics.Robert Northcott - unknown - Journal of Economic Methodology 26 (1):59-69.
    Should we insist on prediction, i.e. on correctly forecasting the future? Or can we rest content with accommodation, i.e. empirical success only with respect to the past? I apply general considerations about this issue to the case of economics. In particular, I examine various ways in which mere accommodation can be sufficient, in order to see whether those ways apply to economics. Two conclusions result. First, an entanglement thesis: the need for prediction is entangled with the methodological role (...)
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  11.  73
    The Present and Future of Judgement Aggregation Theory. A Law and Economics Perspective.Philippe Mongin - forthcoming - In Jean-François Laslier, Hervé Moulin, Remzi Sanver & William S. Zwicker (eds.), The Future of Economic Design. New York: Springer.
    This chapter briefly reviews the present state of judgment aggregation theory and tentatively suggests a future direction for that theory. In the review, we start by emphasizing the difference between the doctrinal paradox and the discursive dilemma, two idealized examples which classically serve to motivate the theory, and then proceed to reconstruct it as a brand of logical theory, unlike in some other interpretations, using a single impossibility theorem as a key to its technical development. In the prospective part, having (...)
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  12. Value Judgements and Value Neutrality in Economics.Philippe Mongin - 2006 - Economica 73 (290):257-286.
    The paper analyses economic evaluations by distinguishing evaluative statements from actual value judgments. From this basis, it compares four solutions to the value neutrality problem in economics. After rebutting the strong theses about neutrality (normative economics is illegitimate) and non-neutrality (the social sciences are value-impregnated), the paper settles the case between the weak neutrality thesis (common in welfare economics) and a novel, weak non-neutrality thesis that extends the realm of normative economics more widely than the other (...)
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  13.  39
    Robots and Us: Towards an Economics of the ‘Good Life’.C. W. M. Naastepad & Jesse M. Mulder - 2018 - Review of Social Economy:1-33.
    (Expected) adverse effects of the ‘ICT Revolution’ on work and opportunities for individuals to use and develop their capacities give a new impetus to the debate on the societal implications of technology and raise questions regarding the ‘responsibility’ of research and innovation (RRI) and the possibility of achieving ‘inclusive and sustainable society’. However, missing in this debate is an examination of a possible conflict between the quest for ‘inclusive and sustainable society’ and conventional economic principles guiding capital allocation (including the (...)
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  14. Universals and the Methodenstreit: A Re-Examination of Carl Menger's Conception of Economics as an Exact Science.Uskali Mäki - 1997 - Studies in History and Philosophy of Science Part A 28 (3):475-495.
    In the latter half of the 19th century, economic thought in the Germanspeaking world was dominated, both intellectually and academically, by the so-called historical school, from Wilhelm Roscher to Gustav Schmoller and others. In 1871, the Austrian Carl Menger published his Grun&tze der Volkswirtschaftslehre (Menger, 1976 (1871)), customarily referred to as one of the three simultaneous discoveries of marginalist economics-the other two marginalist ‘revolutionaries’ being Jevons in England and Walras in France. Twelve years later, in 1883, Menger published a (...)
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  15.  17
    Agent-Based Models and Simulations in Economics and Social Sciences: From Conceptual Exploration to Distinct Ways of Experimenting.Franck Varenne & Denis Phan - 2008 - In Nuno David, José Castro Caldas & Helder Coelho (eds.), Proceedings of the 3rd EPOS congress (Epistemological Perspectives On Simulations). Lisbon: pp. 51-69.
    Now that complex Agent-Based Models and computer simulations spread over economics and social sciences - as in most sciences of complex systems -, epistemological puzzles (re)emerge. We introduce new epistemological tools so as to show to what precise extent each author is right when he focuses on some empirical, instrumental or conceptual significance of his model or simulation. By distinguishing between models and simulations, between types of models, between types of computer simulations and between types of empiricity, section 2 (...)
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  16. Caveat Emptor: Economics and Contemporary Philosophy of Science.D. Wade Hands - 1997 - Philosophy of Science 64 (4):116.
    The relationship between economics and the philosophy of natural science has changed substantially during the last few years. What was once exclusively a one-way relationship from philosophy to economics now seems to be much closer to bilateral exchange. The purpose of this paper is to examine this new relationship. First, I document the change. Second, I examine the situation within contemporary philosophy of science in order to explain why economics might have its current appeal. Third, I consider (...)
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  17.  66
    The Diversity of Models as a Means to Better Explanations in Economics.Emrah Aydinonat - forthcoming - Journal of Economic Methodology 25.
    In Economics Rules, Dani Rodrik (2015) argues that what makes economics powerful despite the limitations of each and every model is its diversity of models. Rodrik suggests that the diversity of models in economics improves its explanatory capacities, but he does not fully explain how. I offer a clearer picture of how models relate to explanations of particular economic facts or events, and suggest that the diversity of models is a means to better economic explanations.
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  18. Human Ecology and Public Policy: Overcoming the Hegemony of Economics.Arran Gare - 2002 - Democracy and Nature 8 (1):131-141.
    The thinking of those with the power to formulate and implement public policy is now almost totally dominated by the so-called science of economics. While efforts have been made to supplement or modify economics to make it less brutal or less environmentally blind, here it is suggested that economics is so fundamentally flawed and that it so completely dominates the culture of late modern capitalism (or postmodernity) that a new master human science is required to displace it (...)
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  19. 2006 HES Presidential Address: A Tale of Two Mainstreams: Economics and Philosophy of Natural Science in the Mid-Twentieth Century.D. Wade Hands - 2007 - Journal of the History of Economic Thought 29:1-13.
    Abstract: The paper argues that mainstream economics and mainstream philosophy of natural science had much in common during the period 1945-1965. It examines seven common features of the two fields and suggests a number of historical developments that might help explain these similarities. The historical developments include: the Vienna Circle connection, the Samuelson-Harvard-Foundations connection, and the Cold War operations research connection.
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  20. The Economic World View: Studies in the Ontology of Economics.Uskali Mäki (ed.) - 2001 - Cambridge University Press.
    The beliefs of economists are not solely determined by empirical evidence in direct relation to the theories and models they hold. Economists hold 'ontological presuppositions', fundamental ideas about the nature of being which direct their thinking about economic behaviour. In this volume, leading philosophers and economists examine these hidden presuppositions, searching for a 'world view' of economics. What properties are attributed to human individuals in economic theories, and which are excluded? Does economic man exist? Do markets have an essence? (...)
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  21. Basic Ecclesial Community and Economics of Compassion.Willard Enrique R. Macaraan - 2013 - Journal of Dharma 38 (2):147-166.
    The current appeal of non-standard economic alternatives is backgrounded against the vulnerability of mainstream capitalism to meltdown and crisis as shown in recent times. There is an increasing number of governments, institutions, and civil societies (NGOs) that have been advocating economic systems, structures, or dynamics that would promote the good of the human person (dignity, personhood, values, and worth). People have started to realize that doing economics is not always within the realm of rationalized judgments and mathematized calculations (highly (...)
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  22. Economics of Need and Economics of Want: A Distinction Essential: Prof. Barlingay's Account.Shriniwas Hemade - 2013 - Intellection : An Inter Disciplinary Research Journal of Humanities and Social Sciences : Peer Reviewed Journal. Vol I, Number 1, Januray-June 2013. ISSN: 2319-8192 (Januray-June 2013.):01-05.
    This research paper attempts to get pragmatic way to deal with few questions like, 'Will Indian Economic thoughts be able to give directions to crises-ridden global economic system?', 'Can India show solutions to the World's Present Socio-economical crises?'' and What are the Alternatives available before mankind to avoid economic crises?' The concept of economic exploitation or “exploitation” which has been the focal point of solemn philosophical debate is one of the favorite nouns in the glossary of critics of the free (...)
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  23. Introspection, Revealed Preference and Neoclassical Economics: A Critical Response to Don Ross on the Robbins-Samuelson Argument Pattern.D. Wade Hands - 2008 - Journal of the History of Economic Thought 30:1-26.
    Abstract: Don Ross’ Economic Theory and Cognitive Science (2005) provides an elaborate philosophical defense of neoclassical economics. He argues that the central features of neoclassical theory are associated with what he calls the Robbins-Samuelson argument pattern and that it can be reconciled with recent developments in experimental and behavioral economics, as well as contemporary cognitive science. This paper argues that Ross’ Robbins-Samuelson argument pattern is not in the work of either Robbins or Samuelson and in many ways is (...)
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  24. Hayek in the Lab. Austrian School, Game Theory, and Experimental Economics.Gustavo Cevolani - 2011 - Logic and Philosophy of Science 9 (1):429-436.
    Focusing on the work of Friedrich von Hayek and Vernon Smith, we discuss some conceptual links between Austrian economics and recent work in behavioral game theory and experimental economics. After a brief survey of the main methodological aspects of Austrian and experimental economics, we suggest that common views on subjectivism, individualism, and the role of qualitative explanations and predictions in social science may favour a fruitful interaction between these two research programs.
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  25.  41
    Lakatosian Methodology of Rival Research Programmes in Economics.Rinat M. Nugayev - 2010 - In Ildar Talip-Uli Nasretdinoff (ed.), The Problems of Cooperation.Moscow: Russian University of Cooperation. pp. 332-336.
    Pros and contras of Lakatosian epistemological theory-change model in respect to economics are considered. It is argued that one of the main shortcomings of the model is connected in its inability to treat the social factors.
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  26.  11
    Mature Theory-Change in Economics.Rinat M. Nugayev - 2010 - In Ildar Talip-Uli Nasretdinoff (ed.), The Problems of Cooperation.Moscow, Russian University of Cooperation. pp. 327-331.
    What are the reasons for theory change in economics? – The author tries to give a sober answer on the basis of his epistemological model reconstructing the internal aspects of theory change. It is conjectures that a more subtle approach including the external facets can be provided with the “communicative rationality” concept. Key words: economics, theory change, internalism, external factors .
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  27.  27
    The Economics of Higher Education in the 21st Century.John-Michael Kuczynski - 2019 - Madison, WI, USA: Freud Institute.
    In the first part of this two-part work, the economics of higher education are explained. It is made clear how a university’s business model differs from that of a company that has to compete on the open market. On this basis, it is explained: -/- (i)Why universities are in no way threatened by low retention-rates and graduation-rates; (ii)Why universities cannot significantly improve or otherwise alter the quality of their educational services without imperiling their very existences; (iii)Why universities do not (...)
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  28. Agent-Based Computational Economics: A Constructive Approach to Economic Theory.Leigh Tesfatsion - 2006 - In Leigh Tesfatsion & Kenneth L. Judd (eds.), Handbook of Computational Economics, Volume 2: Agent-Based Computational Economics. Elsevier.
    Economies are complicated systems encompassing micro behaviors, interaction patterns, and global regularities. Whether partial or general in scope, studies of economic systems must consider how to handle difficult real-world aspects such as asymmetric information, imperfect competition, strategic interaction, collective learning, and the possibility of multiple equilibria. Recent advances in analytical and computational tools are permitting new approaches to the quantitative study of these aspects. One such approach is Agent-based Computational Economics (ACE), the computational study of economic processes modeled as (...)
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  29. Mentalism Versus Behaviourism in Economics: A Philosophy-of-Science Perspective.Christian List & Franz Dietrich - 2016 - Economics and Philosophy 32 (2):249-281.
    Behaviourism is the view that preferences, beliefs, and other mental states in social-scientific theories are nothing but constructs re-describing people's behaviour. Mentalism is the view that they capture real phenomena, on a par with the unobservables in science, such as electrons and electromagnetic fields. While behaviourism has gone out of fashion in psychology, it remains influential in economics, especially in ‘revealed preference’ theory. We defend mentalism in economics, construed as a positive science, and show that it fits best (...)
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  30. Austrian Economics and Austrian Philosophy.Barry Smith - 1986 - In Wolfgang Grassl & Barry Smith (eds.), Austrian Economics: Historical and Philosophical Background. London: Croom Helm. pp. 1-36.
    Austrian economics starts out from the thesis that the objects of economic science differ from those of the natural sciences because of the centrality of the economic agent. This allows a certain a priori or essentialistic aspect to economic science of a sort which parallels the a priori dimension of psychology defended by Brentano and his student Edmund Husserl. We outline these parallels, and show how the theory of a priori dependence relations outlined in Husserl’s Logical Investigations can throw (...)
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  31. Economics After the Crisis, and the Crisis in Economics.Martin O'Neill - 2013 - Renewal 21 (2-3):132-43.
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  32. The Corrosion of Gold In Light of Modern Christian Economics.Domenic Marbaniang - 2013 - Journal of the Contemporary Christian 5 (1):61-76.
    One of the important assets that Gutenberg’s printing press gifted to modern political economies is the ability to print paper money. The common man usually thinks that paper money is the real money, while in fact it is only a promissory note promising the bearer of the note the payment of the same amount (in coins, if not in gold) by the Reserve Bank. In the past, however, governments did deny such payment in exchange of the notes and one government (...)
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  33. The Logical Reconstruction of Pure Exchange Economics: Another Alternative.Douglas Wade Hands - 1985 - Theory and Decision 19 (3):259-278.
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  34.  94
    “Book Review: Illiberal Reformers: Race, Eugenics, and American Economics in the Progressive Era “. [REVIEW]Alexander C. Cartwright - 2016 - Libertarian Papers 8:329-335.
    Thomas C. Leonard presents an intellectual history of the Progressive Era from the perspective of economists. It is hard to understate the influence this group had in developing Progressive ideas. Leonard brilliantly details how Progressive economists wielded enormous influence not only in spreading ideas about traditional economic concepts, but also ideas and theories that influenced political and civil liberties. For example, the Progressives gave us the social science professor, the scholar-activist, social worker, muckraking journalist, and expert government advisor. All of (...)
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  35.  75
    The Sociology of Scientific Knowlege and Economics: Some Thoughts on the Possibilities.D. Wade Hands - 1994 - In Roger Backhouse (ed.), New Perspectives in Economic Methodology. Routledge. pp. 75-106.
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  36. More Light and Less Heat Mirowski on Economics and the Energy Metaphor.D. Wade Hands - 1992 - Philosophy of the Social Sciences 22 (1):97-111.
    Review Article on Mirowski's More Heat Than Light (1989).
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  37.  60
    The Marginalist Revolution in Economics of XXth Century Beginning: Intertheoretic Approach.Rinat M. Nugayev - 2012 - In Ildar Talip-uli Nasretdinoff (ed.), The Problems of Cooperation. pp. 284-286.
    What are the reasons of theory change in economical science? – The author tries to answer the question utilizing his theory change epistemological model approbated on the natural sciences. Key words: economical theory, theory change, natural science, model.
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  38.  16
    Donald N. McCloskey, Knowledge and Persuasion in Economics[REVIEW]Sergio Cremaschi - 1995 - Pragmatics and Cognition 4 (2):423-427.
    A discussion of one of the three books by which McCloskey launched his own economic rhetoric. The main criticism is that McCloskey enlarged view of rhetoric is still not encompassing enough, being limited to rhetoric in the writing of economic literature, while leaving the function of metaphor and other tropes in the more basic processes of conceptualization, theory change, and construction of 'observed' phenomena.
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  39.  35
    Mainstream Economics and the Austrian School: Toward Reunification.Adam K. Pham - 2017 - Erasmus Journal for Philosophy and Economics 10 (1):41-63.
    In this paper, I compare the methodology of the Austrian school to two alternative methodologies from the economic mainstream: the ‘orthodox’ and revealed preference methodologies. I argue that Austrian school theorists should stop describing themselves as ‘extreme apriorists’ (or writing suggestively to that effect), and should start giving greater acknowledgement to the importance of empirical work within their research program. The motivation for this dialectical shift is threefold: the approach is more faithful to their actual practices, it better illustrates the (...)
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  40.  43
    Healthcare Consumers’ Sensitivity to Costs: A Reflection on Behavioural Economics From an Emerging Market.Quan-Hoang Vuong, Tung-Manh Ho, Hong-Kong Nguyen & Thu-Trang Vuong - 2018 - Palgrave Communications 4:70.
    Decision-making regarding healthcare expenditure hinges heavily on an individual's health status and the certainty about the future. This study uses data on propensity of general health exam (GHE) spending to show that despite the debate on the necessity of GHE, its objective is clear—to obtain more information and certainty about one’s health so as to minimise future risks. Most studies on this topic, however, focus only on factors associated with GHE uptake and overlook the shifts in behaviours and attitudes regarding (...)
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  41.  50
    Economics of NHS Cost-Saving and its Morality on the 'Living-Dead'.Emerson Abraham Jackson - forthcoming - Journal of Heterodox Economics.
    This article was championed in view of the notion of (perceived) economic rationalisation which seem to be the foremost of patients' care in the NHS as opposed to addressing distress to their existing well-being, while in a state of being tormented with agonising news of prolonged ill health. Serious consideration is given to addressing the need to rationalise resources in ensuring the long standing history of the NHS' free health care is critically addressed, but not in a way that destroys (...)
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  42.  8
    Critical Realism and Ecological Economics: Counter-Intuitive Adversaries or Ostensible Soulmates?Lukáš Likavčan - 2016 - Teorie Vědy / Theory of Science 38 (4):449-471.
    The paper questions the compatibility of critical realism with ecological economics. In particular, it is argued that there is radical dissonance between ontological presuppositions of ecological economics and critical realist perspective. The dissonance lies in the need of ecological economics to state strict causal regularities in socio-economic realm, given the environmental intuitions about the nature of economy and the role of materiality and non-human agency in persistence of economic systems. Using conceptual apparatus derived from Andrew Brown’s critique (...)
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  43.  39
    Relational Economics: An African Approach to Distributive Justice.Thaddeus Metz - forthcoming - Ethical Perspectives.
    Recent work by comparative philosophers, global ethicists, and cross-cultural value theorists indicates that, unlike most Western thinkers, those in many other parts of the globe, such as indigenous Africa, East Asia, and Latin America, tend to prize relationality. These relational values include enjoying a sense of togetherness, participating cooperatively, creating something new together, engaging in mutual aid, and being compassionate. Global economic practices and internationally influential theories pertaining to justice, development, and normative economics over the past 50 years have (...)
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  44.  81
    Malcolm Rutherford's The Institutionalist Movement in American Economics, 1918-1947: Science and Social Control. Cambridge : Cambridge University Press, 2011, 410pp. [REVIEW]David Gindis - 2012 - Erasmus Journal for Philosophy and Economics 5 (1):93.
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  45.  56
    Darwinism and Economics, Edited by Geoffrey M. Hodgson . Cheltenham and Northampton: Edward Elgar, 2009, 457 Pp. [REVIEW]Valentin Cojanu - 2010 - Erasmus Journal for Philosophy and Economics 3 (1):98.
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  46. Is Geographical Economics Imperializing Economic Geography?Uskali Mäki & Caterina Marchionni - 2011 - Journal of Economic Geography 11 (4):645-665.
    Geographical economics (also known as the ‘new economic geography’) is an approach developed within economics dealing with space and geography, issues previously neglected by the mainstream of the discipline. Some practitioners in neighbouring fields traditionally concerned with spatial issues (descriptively) characterized it as—and (normatively) blamed it for—intellectual imperialism. We provide a nuanced analysis of the alleged imperialism of geographical economics and investigate whether the form of imperialism it allegedly instantiates is to be resisted and on what grounds. (...)
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  47. Philosophy and Economics.D. Wade Hands - 2008 - In S. N. Durlauf & L. E. Blume (eds.), The New Palgrave Dictionary of Economics, 2nd edition. Palgrave. pp. 410-420.
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  48. The Unbearable Lightness of the Economics-Made-Fun Genre.Peter Spiegler - 2012 - Journal of Economic Methodology 19 (3):283-301.
    Several commentators have argued that the economics-made-fun (?EMF?) genre contains very little actual economics. As such, it would seem that criticisms of EMF do not apply to economics more broadly. In this paper I take a contrary view, arguing that, in fact, at a deep conceptual level, the engine of EMF analyses is precisely the engine of mainstream economics. Specifically, I argue that both EMF and mainstream economics rest on a conceptual foundation known as the (...)
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  49.  84
    Review of William Stanley Jevons and the Making of Modern Economics[REVIEW]D. Wade Hands - 2007 - Economics and Philosophy 23 (2):252-256.
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  50.  61
    The Problem of Excess Content: Economics, Novelty and a Long Popperian Tale.D. Wade Hands - 1991 - In Mark Blaug & Neil de Marchi (eds.), Appraising Economic Theories: Studies in the Methodology of Research Programs. Edward Elgar. pp. 58-75.
    The paper traces the sequence of events which brought Popperian philosophy (including Lakatos) to its position on the issues of excess content, novelty and scientific progress. The general approach is to analyze Popper's and Lakatos's positions on these issues as an appropriate response to a particular philosophical problem situation in which they found themselves. The paper closes with a discussion of how these issues relate to economics and economic methodology.
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1 — 50 / 459